FREDERICKSBURG, Virginia (Dec. 21, 2015) – Two renovated historic buildings in the cultural center of Fredericksburg – currently serving as home to the Fredericksburg Area Museum & Cultural Center — will be offered at auction Friday, Feb. 12.
The auction will be conducted by Nicholls Auction Marketing Group, in cooperation with Cushman & Wakefield | Thalhimer.
“It’s very realistic to say that the outcome of this auction could play an important role in the future development of the city’s historic district,” said John Nicholls, president of Nicholls Auction Marketing. “It will be exciting to see what types of business will be established in these buildings, and how they will contribute to the local culture and business ecosystem.”
Nicholls said the buildings could be suitable for a wide variety of uses, including a restaurant, religious institution, bed & breakfast, or art gallery.
The buildings include the properties at 1001 Prince Anne Street and 215 William Street.
“These have long served as the city’s historical and cultural focal point, but the key is going to be for someone with a vision to establish an anchor that can draw more people to these and to the surrounding business for fine dining, entertainment and business. I can see these being successful venues for a fine dining restaurant, church or educational organization, ad agency, law offices or even a craft brewery,” said Nicholls.
Nicholls said bidding on the properties will open at $250,000.
The auction will begin at 11 a.m. Friday, Feb. 12 at the property. Bidders who can’t attend in person may bid online by prior arrangement. Individuals seeking additional information may visit www.nichollsauction.com or call 540-322-4140 or 540-226-1279.
Nicholls Auction Marketing Group, Inc., based in Fredericksburg, Virginia, is a professional accelerated marketing firm specializing in the promotion and sale of real estate via the auction method of marketing. The firm has been serving the needs of the Mid-Atlantic region since 1968. The Nicholls team comprises world and state champion auctioneers, an award winning marketing staff, and sales percentages unmatched in the industry.